Posted inNews From Around The Web

Yelp losses larger than expected

Yelp posted a bigger-than-expected quarterly loss and its shares fell 6 percent in after-market trading as the San Francisco consumer review website faces competition from Facebook.Facebook last month unveiled a new feature called "graph search" that lets its users to trawl their network of friends to find everything from restaurants to movie recommendations, bringing it…
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Ruth Reichl Slams Yelp, Zagat

Ruth Reichl has given an amazing interview to Fashion Week Daily. She describes the lavish lifestyle of Conde Nast, confirms that Gilt Taste is "basically over" and admits that she never looked at Gourmet Live, the digital offspring of her beloved Gourmet magazine (RIP), where she served as editor-in-chief. Ruth really lets the claws (okay,…
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Yelp Earnings: Net Revenue Up 65% Year-Over-Year

Yelp released its Q4 and full-year 2012 earnings report on Wednesday after market close. The company posted net revenue of $41.2 million for the quarter, a 65% year-over-year increase. Yelp also posted a $5.3 million net loss for Q4. Cumulative reviews grew 45% year-over-year to over 36 million by the end of the year. Average…
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Biz Break: Yelp disappoints investors, Netflix soars after Saturday postal … – Marin Independent

Today: Yelp earnings come in with larger losses than analysts expected, but CEO touts growing user base and mobile efforts. Also: Netflix (NFLX), Zynga and Shutterfly succeed on a flat day for Wall Street.Yelp misses projections, boasts of growing user baseSan Francisco online review site Yelp disappointed investors with losses larger than analysts expected Wednesday,…